The Central Asian Prosperity Fund was up by 21.9% on the month to bring year-to-date figures to 42.89%. One holding, Dragon Oil, saw its controlling shareholder ENOC announcing a tender offer to buy out the minority shareholders. Another of the fund's holdings, Kazakh bank Kazkommertsbank, saw its preferred shares rising 42% on the month.
NT Asian Discovery Fund was up 4.69% on the month taking year-to-date numbers to 73.08% and Floreat Fund was down 1.12% for October leaving year-to-date numbers at 60.24%.
Wessex Asia Pacific Fund was off by 1.65% on the month to leave year-to-date numbers at 39.78%. During